Grayscale's GBTC was the only Bitcoin ETF to report outflows on Monday, with no other Bitcoin ETFs seeing net redemptions. The divergence comes as Ether, XRP, Solana, and Hyperliquid ETFs all posted positive cash inflows on the same day.
GBTC outflows stand alone
Monday's data shows GBTC was the sole contributor to Bitcoin ETF outflows. No other Bitcoin ETF reported net outflows. That means the total Bitcoin ETF outflow figure for the day was entirely driven by Grayscale's fund.
Other ETFs see inflows
Ether, XRP, Solana, and Hyperliquid ETFs all recorded positive cash inflows on Monday. The inflows across these funds contrast with the Bitcoin ETF picture, where only GBTC bled.
Tuesday's ETF flow data will show whether the pattern holds.
